Maryland Statutes
Part III - Maryland Economic Development Assistance Fund
Section 5-314 - Use of Fund

(a)    The Department may use money in the Fund to:
        (1)    provide financial assistance to eligible applicants; and
        (2)    pay expenses for administrative, actuarial, legal, and technical services for the Fund.
    (b)    The Department periodically shall review its portfolio in an effort to ensure:
        (1)    the equitable distribution among the counties of money from the Fund;
        (2)    adequate funding for Tier I county projects; and
        (3)    that no particular Tier I county benefits disproportionately from financial assistance to Tier I counties under this subtitle.

Structure Maryland Statutes